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Collins: My best and worst FX trades in 2015
Collins: My Best & Worst Trade 2015
The best and worst trades Alan Collins had in 2015 both came down to the charts and trusting the technical signals.
The worst trade for Collins was when he overruled what the charts where telling him about, which direction GBPUSD was going. It cost him about 50 points on the trade, which he says it what happens when you don’t follow the signals.
Collins bet on the US dollar against the Turkish lira, where a bullish bias was established during the middle of 2014. Going into 2015, there was no sign that the positive trend was coming to an end and it turned out to be very successful trade.
01:42 minutes
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